-
Banking
Union Bank on Throes of Controversy: Can This Bank Survive?
Leaving a bank where ordinary shareholders have been left high and dry, losing billions of naira over the years in…
Read More » -
Banking
Nigerian Banking Recapitalization Update: 33 Banks Meet Capital Requirements
The Nigerian banking sector is nearing the finish line in its recapitalization exercise, with 33 out of 37 banks announcing…
Read More » -
Banking
Nigeria’s Banking Sector Takes a Strong Step Forward: 7 Banks Meet Recapitalization Deadline For International License
Seven prominent Nigerian banks have successfully met the regulatory requirements and are compliant with the Central Bank of Nigeria’s (CBN)…
Read More » -
News
Nigerian Banks Shine: Fidelity Bank Leads with Unanimous BUY Rating
Fidelity Bank (FIDELITYBK)Fidelity Bank has received a unanimous BUY rating from all seven covering analysts, reflecting confidence in its post-recapitalisation…
Read More » -
News
Governance Uncertainty Rocks Union Bank as Court Nullifies CBN’s Intervention
The Federal High Court’s landmark judgment nullifying the Central Bank of Nigeria’s (CBN) January 2024 intervention in Union Bank…
Read More » -
News
Unity Bank and Providus Bank Merger: A House of Cards?
The proposed merger between Unity Bank and Providus Bank is facing intense scrutiny, with concerns over insider credits, regulatory approvals,…
Read More » -
Banking
Uncertainty Lingers for Union Bank, Polaris Bank, and Keystone Bank as Recapitalization Hurdles Persist
As Nigeria’s banking sector inches closer to completing its historic recapitalization exercise, three national banks – Union Bank, Polaris Bank,…
Read More » -
News
National Licence: Some Meet Recapitalization Thresholds, Others Still Uncertain
Ecobank Nigeria (ETI Subsidiary). Ecobank Nigeria entered the recapitalisation exercise with an eligible capital of N201 billion, already meeting the…
Read More » -
Banking
Nigeria’s Banking Recapitalization: 30 Banks Clear Recapitalization Hurdle, 5 Still in Limbo
Nigeria’s banking sector has largely completed one of the most structurally significant capital exercises in its history. With 30 of…
Read More » -
News
Nigeria’s Banking Giants Shine in Recapitalization Drive
Zenith Bank Plc. Zenith Bank raised N350.4 billion in aggregate through a rights issue of N162.08 billion (subscribed at 160.47%)…
Read More »